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2016 – A year in review – Retail winners and losers
A local-for-local manufacturing vision, expansion in Asia, robotic warehousing and automated delivery systems helped lift some retailers during 2016, but concerns over conditions and working practices, store closures and bankruptcies weighed on others.
Apparel brands "ignoring" refugee abuse in Turkey factories
The majority of large apparel brands are ignoring the "endemic" abuse of Syrian refugees in Turkish clothing factories supplying European retailers, a new report has found.
Asos share price tumbles as costs hit FY earnings
Asos saw its share price fall this morning (18 October) as the online retailer revealed a 31% fall in full-year earnings on costs related to the exit of its China business and trademark infringement disputes.
Asos poised to capture US apparel market growth?
UK-based online fashion retailer Asos has an opportunity to capitalise on the growth of the US apparel market by investing in pricing, its product range and local fulfilment infrastructure, analysts believe.
Asos to pay GBP20m in trademark dispute settlement
Asos is to pay more than GBP20m (US$26.7m) to two European retailers over an alleged trademark infringement on their names following a six-year battle with the online fashion retailer.
Asos reports 30% jump in four-month retail sales
Online fashion retailer Asos has reported strong third-quarter results, adjusting its full-year sales outlook to the higher end of guidance and reaffirming its commitment to reinvestment.
UK retailers key to domestic manufacturing growth
With the value of the UK clothing market set to soar over the next five years, and consumers taking more of an interest in the origin and quality of the garments they buy, new opportunities are opening up for retailers to play up to the strengths of sourcing closer to consumers.
Asos focuses on investment after strong H1
Online fashion retailer Asos has delivered a better than expected first-half performance, and said it will focus on reinvesting cost savings back into the business, particularly logistics, in order to drive further growth.
UK: Sainsbury's tops poll of favourite fashion retailers
In a recent survey of 6,000 consumers by retail analysts Conlumino, Sainsbury's topped the poll as the nation's favourite fashion retailer. We take a look at some of the other shops who came out on top.
UK: Analysts voice disappointment with Asos results
Analysts have voiced their disappointment at the latest Asos trading update, which saw the online fashion retailer lower its full-year profit forecast.
ANALYSIS: Asos a structural winner in apparel retail
Online fashion retailer Asos is a structural winner in apparel retail, analysts believe, despite the group issuing a profit warning earlier this month on the back of slowing international sales.
ANALYSIS: Surprise Asos profit warning set to shock industry
An unexpected profit warning from retailer Asos highlights, analysts suggest, one of the pitfalls of the economic recovery - and will likely shock an industry that has become accustomed to stories of success from the online fashion firm.
UK: Asos investment will place it in stronger position
The investment strategy implemented by Asos should place it in a stronger position, analysts believe, after the online fashion retailer revealed declining first-half earnings but stronger sales growth.
UK: Asos signs GBP100m worldwide logistics deal
In what it thought to be one of Europe’s largest logistics deals, online fashion retailer Asos has signed a GBP100m (US$155.5m) three-year contract covering the management of its worldwide distribution centre.
UK: Asos names former M&S finance director to board
UK online clothing retailer Asos has appointed former Marks & Spencer executive Ian Dyson as a senior independent and non-executive director.
Focus: Eastern Europe a tale of contrasting retail fates
Eastern Europe was one of the world's biggest opportunities for apparel retailers in 2012. But despite the region's overall glowing prospects compared to its Western European counterpart, closer analysis by Euromonitor International highlights a marked intra-regional divergence.
Bangladesh pushes garment industry to "tipping point"
The recent garment factory tragedies in Bangladesh are pushing the industry towards a tipping point - as consumers call for increased sustainability and information about where their clothes come from, according to speakers at the recent Source Sustainability Summit.
UK: Bostock to leave Asos after six months
Asos executive director of product and trading, Kate Bostock, has resigned from the online retailer after just six months in the role.
UK: JD Sports names Milligan to head Bank fascia
JD Sports Fashion has named Gwynn Milligan managing director of its Bank fashion stores, replacing Peter Alecock who has been promoted to group commercial operations director.
UK: Retailers join government talks on factory safety
Clothing retailers met with UK government representatives yesterday (3 July) to discuss ways to improve their supply chains following the collapse of the Rana Plaza apparel factory building in Bangladesh earlier this year.
UK: Clothing companies commit to reducing environmental footprint
Companies representing more than a third of UK clothing sales have signed the Sustainable Clothing Action Plan (SCAP) 2020 Commitment, a scheme that will see them work together to reduce the environmental footprint of clothing.
UK: Monki collaborates with Asos for global distribution
H&M-owned fashion brand Monki has teamed up with UK-based online clothing retailer Asos to sell its merchandise globally.
just-style's research roundupFeatured reports from just-style's research store this week include a look at temperature control fabrics, a profile of outdoor clothing firm Patagonia, and a company briefing on online apparel retailer Asos.
UK: Asos records another quarter of strong growth
Online clothing retailer Asos has recorded continued strong growth, driven by good momentum both in the UK and internationally.
UK: Asos withdraws belts after radioactive scare
Online fashion retailer Asos has confirmed it has recalled a number of belts after they were found to be radioactive.
UK: Asos posts strong H1 growth, plans China entry
Online fashion retailer Asos has posted another half of strong profit and sales growth, and confirmed plans to launch a dedicated website in China.
UK: Asos international director Kamaluddin steps down
Asos international director Jon Kamaluddin is to leave the online clothing retailer at the end of the year after nine years with the business.
AUSTRALIA: Online and luxury offer opportunity for fashion retailers
The online and luxury segments are set to provide a silver lining in what is an otherwise gloomy outlook for Australia's fashion industry, according to research released by IbisWorld.
Focus: Apparel sales in Asia Pacific
Apparel sales in the Asia Pacific region are continuing on a golden growth trajectory despite a slowdown in China. Domestic brands are continuing to hold their own, and foreign brands intent on making further inroads are increasingly focusing on lower-tier cities for growth.
UK: Global growth helps Asos to 37% Q2 sales surge
Online clothing retailer Asos has seen second quarter sales continue to rise, driven by international growth as the UK business slowly reaches maturity.
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